BERKSHIRE-BACKED NUBANK ADDS ADA, NEAR, ATOM TO CRYPTO OFFERINGS

Last updated: June 19, 2025, 23:39 | Written by: Charlie Lee

Berkshire-Backed Nubank Adds Ada, Near, Atom To Crypto Offerings
Berkshire-Backed Nubank Adds Ada, Near, Atom To Crypto Offerings

In a move signaling the increasing acceptance of digital assets in the financial mainstream, Nubank, the Latin American fintech giant backed by Warren Buffett's Berkshire Hathaway, has broadened its cryptocurrency offerings. Nubank, a Latin American financial bank backed by Warren Buffett rsquo;s Berkshire Hathaway, has expanded its crypto offerings by adding four altcThis expansion brings Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its extensive user base of 100 million customers in Brazil.This strategic decision underscores Nubank's commitment to providing diverse investment opportunities and catering to the growing demand for crypto assets within the Latin American market.With a remarkable 1124% quarterly revenue increase in less than four years, fueled by its rapidly expanding customer base, Nubank is positioned to significantly impact the adoption and accessibility of these alternative investments. Nubank, a Latin American financial bank backed by Warren Buffett s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano ( ADA ), Near Protocol ( NEAR ), Cosmos ( ATOM ), and Algorand ( ALGO ) to its 100 million clients in Brazil, according to a March 25 announcement.This announcement follows Nubank's previous foray into the crypto space, including allocating a portion of its net assets to Bitcoin, despite Warren Buffett's traditionally skeptical stance on cryptocurrencies. Warren Buffett, the legendary investor long known for his skepticism toward cryptocurrencies, has fully exited his position in one of Latin America s most crypto-friendly banks, Nubank, beforeHow will this influence the crypto landscape in Brazil and beyond?Let's delve deeper into the details.

Nubank's Expanded Crypto Portfolio

Nubank's decision to incorporate ADA, NEAR, ATOM, and ALGO into its platform signifies a strategic effort to diversify its crypto offerings and cater to a wider spectrum of investor preferences.These altcoins represent a variety of blockchain technologies and use cases, potentially attracting users with different investment goals and risk appetites.The combined market capitalization of these four coins totaled $34.6 billion at the time of the announcement, indicating their significant presence and potential impact within the crypto market.

Why these Altcoins?

Each of these cryptocurrencies brings something unique to the table:

  • Cardano (ADA): Known for its focus on research-driven development and its emphasis on security and sustainability.Cardano aims to provide a more balanced and sustainable ecosystem for cryptocurrencies.
  • Near Protocol (NEAR): Aims to create a user-friendly and developer-friendly platform for decentralized applications (dApps). ADAUSD Cardano Berkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings. Nubank, a Latin American financial bank backed by Warren Buffett s Berkshire Hathaway, has expanded its cryptoIt utilizes sharding technology to achieve scalability and lower transaction costs.
  • Cosmos (ATOM): Focused on creating an ""Internet of Blockchains,"" enabling different blockchains to communicate and transact with each other.Cosmos aims to solve the problem of blockchain interoperability.
  • Algorand (ALGO): Employs a unique Pure Proof-of-Stake (PPoS) consensus mechanism designed to be highly secure, scalable, and energy-efficient. En 2025, Berkshire Hathaway invirti 500 millones de d lares en la ronda de financiaci n Serie G de Nubank, una cantidad que luego fue seguida por 1.000 millones de d lares adicionales. De 2025 a 2025, la compa a de Buffett aument su participaci n en Nubank al 0,4% desde el 0,1%. El impulso cripto de Nubank enfrenta competenciaAlgorand is suitable for a wide range of applications, including decentralized finance (DeFi) and supply chain management.

By offering these diverse altcoins, Nubank allows its users to explore different facets of the crypto world, fostering a more informed and engaged investment experience.This is also likely designed to attract a broader demographic of users to their platform.

Impact on the Brazilian Crypto Market

Brazil has emerged as a significant player in the Latin American crypto market, driven by increasing adoption and growing interest in digital assets. Nubank, a Latin American financial bank backed by Warren Buffett s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its 100 million clients in Brazil, according to a March 25 announcement. The four coins had a combined market capitalization of $34.6Nubank's decision to expand its crypto offerings is likely to further fuel this trend, making crypto more accessible to its vast user base. Nubank, a Latin American financial bank backed by Warren Buffett s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano (ADA), NWith over 100 million customers in Brazil, Nubank has the potential to introduce a significant number of new investors to the world of cryptocurrencies.

The integration of these altcoins into Nubank's platform could also lead to increased liquidity and trading volume for these assets in the Brazilian market.This increased activity could attract further investment and development within the local crypto ecosystem, fostering innovation and growth.Moreover, it creates increased price awareness and acceptance amongst the average person.

Furthermore, Nubank's move could encourage other financial institutions in Brazil to follow suit, leading to wider adoption of crypto assets and the development of a more robust and mature crypto market.

Nubank's Growth and Crypto Strategy

Nubank's rapid growth and success can be attributed to its innovative approach to financial services and its focus on serving the needs of the underserved population in Latin America. Nubank, a Latin American financial bank backed by Warren Buffett s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its 100 million clients in Brazil, according to a March 25 announcement.The company has leveraged technology to provide accessible and affordable financial products, attracting a large and loyal customer base. Related: Berkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings In 2025, the neobank allocated 1% of its net assets to BTC, furthering Buffett s indirect exposure to Bitcoin despite his criticism toward the cryptocurrency, which he once called a rat poison squared.The company's quarterly revenue increase of 1124% speaks to its success.

The company's foray into the crypto space is a natural extension of its mission to provide innovative and accessible financial solutions.By offering crypto trading and investment services, Nubank aims to empower its users to participate in the growing digital economy and potentially generate wealth.This also helps build mind share and loyalty with its existing customers.

Buffett's Berkshire Hathaway and Crypto Exposure

It's interesting to note that Nubank is backed by Warren Buffett's Berkshire Hathaway, a company known for its conservative investment approach and Buffett's personal skepticism toward cryptocurrencies.Despite Buffett's reservations, Berkshire Hathaway has invested in Nubank, and Nubank has, in turn, embraced crypto.This creates an interesting dynamic and highlights the growing recognition of crypto's potential within the traditional financial world.

In fact, Nubank has even allocated 1% of its net assets to Bitcoin (BTC) in 2025.While seemingly small, this allocation represents a significant step towards mainstream adoption and provides indirect exposure to Bitcoin for Berkshire Hathaway, despite Buffett's outspoken criticism of the cryptocurrency.

The Competitive Landscape

Nubank is not the only player in the Brazilian market offering crypto services. ADAUSD Cardano Berkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings Nubank, a Latin American financial bank backed by Warren Buffett s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio.Several other fintech companies and traditional financial institutions are also entering the space, creating a competitive landscape. Nubank, a Latin American financial bank backed by Warren Buffett s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its 100 million clients in Brazil, accordiThis increased competition is likely to drive innovation and improve the quality of services offered to consumers.

However, Nubank's large customer base and its established brand reputation give it a significant advantage.The company's ability to seamlessly integrate crypto services into its existing platform and provide a user-friendly experience is likely to attract a large number of users and solidify its position as a leader in the Brazilian crypto market.

The Future of Crypto in Latin America

Latin America presents a unique opportunity for crypto adoption due to factors such as high inflation rates, limited access to traditional banking services, and a growing tech-savvy population. Nubank, a Latin American financial bank backed by Warren Buffett s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano, Near Protocol, Cosmos, and Algorand to its 100 million clients in Brazil, according to a March 25 announcement. The four coins had a combined marketCryptocurrencies offer a potential solution to these challenges by providing a more accessible, transparent, and secure means of storing and transferring value.

Nubank's expansion of its crypto offerings is a significant step towards realizing the potential of crypto in Latin America. Berkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings Nubank has seen a quarterly revenue increase of 1124% in less than four years as its customer base has grown. 6655 Total viewsBy making crypto more accessible to its millions of customers, Nubank is helping to drive adoption and empower individuals to participate in the digital economy. Nubank, a Latin American monetary bank backed by Warren Buffett s Berkshire Hathaway, has actually broadened its crypto offerings by including 4 altcoins to its portfolio. The bank is including Cardano (ADA), Near Procedure (NEAR), Universe (ATOM), and Algorand (ALGO) to its 100 million customers in Brazil, according to a March 25 statement.The more awareness, the greater the chances of future growth.

Challenges and Opportunities

While the future of crypto in Latin America is promising, there are also challenges to overcome.These include regulatory uncertainty, price volatility, and security risks.Addressing these challenges will require collaboration between governments, industry players, and consumers.

Despite these challenges, the opportunities for crypto in Latin America are immense. Nubank, a Latin American financial bank backed by Warren Buffett s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its 100 million clients in Brazil, according to a March 25 announcement. The four coins had a combined market capitalization of $34. 6With the right policies and infrastructure in place, crypto has the potential to transform the region's financial landscape and empower individuals and businesses.

Practical Implications for Nubank Users

For Nubank users in Brazil, the addition of ADA, NEAR, ATOM, and ALGO to the platform provides new opportunities to diversify their investment portfolios and explore different crypto assets.It's crucial for users to understand the risks associated with investing in cryptocurrencies before making any decisions.Here are some practical tips:

  1. Do your research: Before investing in any cryptocurrency, thoroughly research its technology, use case, and potential risks.
  2. Start small: Begin with a small investment to get a feel for the market and avoid risking too much capital.
  3. Diversify your portfolio: Don't put all your eggs in one basket.Diversify your investments across different cryptocurrencies to reduce risk.
  4. Use a secure wallet: Store your cryptocurrencies in a secure wallet to protect them from theft or loss. Nubank has seen a quarterly revenue increase of 1124% in less than four years as its customer base has grown.Consider using a hardware wallet for added security.
  5. Stay informed: Keep up-to-date with the latest news and developments in the crypto market to make informed investment decisions.

The Long-Term Vision

Nubank's long-term vision is to become a leading provider of financial services in Latin America, empowering individuals and businesses to achieve their financial goals.The company's embrace of crypto is a key part of this vision, as it recognizes the transformative potential of digital assets to improve access to financial services and drive economic growth.

As Nubank continues to expand its crypto offerings and attract new users, it is likely to play an increasingly important role in shaping the future of the crypto market in Latin America and beyond.By embracing innovation and providing accessible financial solutions, Nubank is helping to build a more inclusive and equitable financial system.

Conclusion: Key Takeaways

Nubank's decision to add ADA, NEAR, ATOM, and ALGO to its crypto offerings represents a significant step forward for the adoption of digital assets in Latin America.By leveraging its large customer base and its innovative approach to financial services, Nubank is making crypto more accessible and empowering individuals to participate in the growing digital economy.This move not only diversifies investment options for Brazilian consumers but also signals a broader acceptance of cryptocurrencies within traditional financial frameworks, even with contrasting opinions from figures like Warren Buffett.

Here are the key takeaways:

  • Nubank is expanding its crypto offerings to include ADA, NEAR, ATOM, and ALGO.
  • This move will bring these altcoins to its 100 million customers in Brazil.
  • The decision underscores Nubank's commitment to providing diverse investment opportunities.
  • Brazil's crypto market is expected to further expand.
  • Nubank's embrace of crypto aligns with its long-term vision of financial inclusion.

The future of crypto in Latin America looks promising, and Nubank is well-positioned to be a leader in this space. Nubank, a Latin American financial bank backed by Warren Buffett s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano (ADAAre you ready to explore the world of crypto with Nubank? Sign up today!

Charlie Lee can be reached at [email protected].

Articles tagged with "Crypto.com Releases its Proof of Reserves Confirmed by Mazars" (0 found)

No articles found with this tag.

← Back to article

Related Tags

cointelegraph.com › news › berkshire-backed-nubankBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings www.tradingview.com › news › cointelegraph:9a534fBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings thenyledger.com › markets › cryptoBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings www.msn.com › en-us › moneyBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings thecoindetective.com › news › detailsBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings cryptoconsulting.info › blog › Berkshire-backed Nubank adds ADA, NEAR, ATOM to crypto cryptoweeklymag.com › 2025 › 03Berkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings www.advfn.com › stock-market › COINBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings br.advfn.com › noticias › COINTELEGRAPHBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings www.glideslope.ai › post › Berkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings ground.news › article › lightchain-ais-cryptoBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings ih.advfn.com › stock-market › COINBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings justsomecrypto.com › warren-buffett-exits-cryptoWarren Buffett exits crypto-friendly Nubank holdings with a www.finanzen.ch › nachrichten › aktienBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings in.tradingview.com › news › cointelegraph:9a534fBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings www.binance.com › en › squareBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings es.cointelegraph.com › news › berkshire-backedNubank a adi ADA, NEAR y ATOM a su oferta de criptomonedas www.msn.com › en-us › moneyWarren Buffett exits crypto-friendly Nubank holdings, netting www.cointeeth.com › ja › news-flashBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings yourcryptonewsblog.com › › berkshireBerkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings

Comments